US faces new blow to confidence, not fiscal crisis

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In this article

  • 'Automatic' fiscal consolidation
  • Spending cuts
  • Bush tax cut expiration
  • Moves to avoid austerity-induced recession
  • Public and market reaction
  • Public and political reaction
  • Markets
  • Rating agencies
  • Impact on economic outlook

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.